LTC USD
LTc still going down.
Fibo retractments point to a drop to 50.70
Renko trend also downward.
Wait to buy until renko confirms trend up with a couple of green bricks. I'm using 0.88 for brick size. You could also use ATR 14.
Look to enter the trade with renko trend and price above EMA 12 possibly also ema12 crossing EMA 26.
Remember your goal is to ride the trend and make consistent profits and not buy at the lowest point and sell at the highest point. Your goal is to make money!
Fibo retractments point to a drop to 50.70
Renko trend also downward.
Wait to buy until renko confirms trend up with a couple of green bricks. I'm using 0.88 for brick size. You could also use ATR 14.
Look to enter the trade with renko trend and price above EMA 12 possibly also ema12 crossing EMA 26.
Remember your goal is to ride the trend and make consistent profits and not buy at the lowest point and sell at the highest point. Your goal is to make money!
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